4021 GRAVELEY STREET

Burnaby · MLS® R3061435

3 bed · 2 bath · 1,830 sq ft · 6,600 sq ft lot · 0 parking

House · Single Family · built 1931 · 349 days on market

Listed by Sarina Han, Luxmore Realty

This is a rare opportunity to acquire a M-3 Zoned (Heavy Industrial) property in the highly sought-after Willingdon Heights area of Burnaby. Ideally located just minutes from Highway #1, this 6,600 square ft lot (50ft x 132ft) offers ample space to construct your ideal building. The property is being sold for land value only, with the existing residential structure being sold "as is, where is" and is considered a teardown by potential buyers.

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,830 sq ft
Lot: 6,600 sq ft
Parking: 0
Year built: 1931
Property tax: $6,994 / yr
Days on market: 349
MLS®: R3061435

Price per sq ft: $1,092 vs $723 median for houses in Burnaby for sale (566)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 349 days

$9,288/mo

Mortgage $8,705 · Tax $583

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$8,705/ monthly

loan $1,598,400

25-year amortization

down payment20% · $399,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,013,128
property transfer tax: $37,960; BC general rate
cash to close: $437,560; down + PTT
total paid: $2,611,528

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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